Mississippi residents have highest credit card delinquency rate

Personal Finance News

Mississippi residents had the highest credit card delinquency rate in the nation in the fourth quarter (Q4) of 2012, TransUnion said in a recent report.

Consumer credit card debt rises, as does delinquency rate

Personal Finance News

Consumers piled up more credit card debt and also paid late more often in the fourth quarter (Q4) of 2012, TransUnion said in a recent report.

Credit card delinquencies at lowest point in nearly two decades

Personal Finance News

Consumer delinquencies fell in the third quarter (Q3) of 2012, led by a large drop in bank card delinquencies, the American Bankers Association (ABA) said in a recent report.

Smartphone payments will overtake credit cards, but not just yet

Personal Finance News

A majority of Americans believe that smartphones will replace credit cards for payment transactions in the future, but not quite as many are ready to adopt this technology just yet.

Majority believe that smartphone will replace credit cards

Personal Finance News

Nearly two-thirds of Americans believe that smartphones will overtake credit cards for payment transactions, the results of a Harris Poll revealed recently.

More consumers pay credit card bills late in Q3

Personal Finance News

The credit card delinquency rate on a national level rose in the third quarter (Q3) of 2012, TransUnion said in a recent report.

Credit card delinquencies decline in Q2

Personal Finance News

Consumer credit delinquency rates showed improvement in the second quarter (Q2) of 2012, led by positive movement with bank credit cards.

Struggling metro areas see yearly decline in credit card debt

Personal Finance News

Metropolitan areas in the U.S. termed as struggling, or still recovering economically, posted yearly declines in credit card debt in August, a recent report from Equifax said.

Credit card debt remains relatively low

Personal Finance News

Despite a quarter-over-quarter rise in average credit card debt, balances remain near record-low levels, TransUnion said in a recent report.

Consumers drastically cut credit card debt

Personal Finance News

Consumers have paid down credit card balances at an impressive clip in the past three years, according to recent data from Equifax.